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New York REIT Inc. and investment manager The JBG Cos. have scrapped their plans for an $8.4 billion tie-up amid heavy opposition from NYRT shareholders who felt shortchanged by the deal, the companies said Tuesday. ...read more

Proper selection, preparation and presentation of corporate witnesses can be critically important to achieving a favorable outcome in court. Brian Bagley and Scott Marrs of Akerman LLP offer a checklist of best practices for selecting and preparing corporate ...read more

A California federal judge on Monday said the federal government had “utterly failed” to justify the FBI's bugging of a courthouse to allegedly capture bid-rigging conversations at real-estate foreclosure auctions, and barred prosecutors ...read more

A 34-unit Fort Lauderdale apartment complex has reportedly changed hands for $11 million, while Centrum Partners is said to have scored $53 million in financing for a Chicago office and apartment project, and a Newmark Holdings venture has reportedly ...read more

A UBS AG affiliate beat a suit claiming it hid the low quality of $1.1 billion in residential loans behind mortgage-backed securities when a New York judge said last week that the suit had been filed too late. ...read more

DCM Erectors Inc. CEO Larry Davis reaffirmed his desire Monday to stand trial on criminal charges that he scammed New York and New Jersey authorities into thinking $76 million in work on two World Trade Center building and transportation hub contracts ...read more

User-based room rental service Airbnb has sued the city of Anaheim in California federal court, saying a new city ordinance barring short-term rentals and imposing fines on websites that do so is a violation of the First Amendment and the Communications ...read more

Cadwalader Wickersham & Taft LLP has guided a $400 million mortgage deal made public on Friday for a midtown Manhattan property where retailer Abercrombie & Fitch operates its flagship New York City store, according to city filings. ...read more

The developers of the Hard Rock Hotel in San Diego have asked a California federal court not to certify a proposed class of condo owners who claim they violated state law by not informing them of a window to vacate their deals, saying the owners' ...read more

The imminent green light for foreign firms into India’s market will be a bellwether of law firm behavior. The impulse to follow the herd into the new frontier will be great, but smart firms will take a long hard look at who they are before making the ...read more

Although Performance Excellence in Electricity Renewal, the nation’s first consumer-centric, data-driven tool for evaluating power system performance, is a voluntary rating system, not a regulated mandate, real estate, energy and commercial industries ...read more

Property manager CBRE Inc. urged a Florida federal court Friday to dismiss it from a proposed class suit filed by Cabot Investment Properties LLC investors over an embezzlement scheme that cost them $156 million, arguing that it was a victim too. ...read more

A New Jersey man launched a proposed class action against the makers of Pokémon Go in California federal court on Friday, alleging the game’s GPS coordinates determining where players go allow the game makers to profit while he has to deal ...read more

A class of homeowners that was decertified after a jury awarded it $55 million over fees charged by Wells Fargo & Co. urged the Second Circuit on Friday to reconsider its ruling upholding the decertification, saying the decision runs afoul of the ...read more

The D.C. Circuit refused Friday to review a National Labor Relations Board ruling that provisions of Quicken Loans Inc.'s employment agreement with its mortgage bankers aimed at protecting confidential information and keeping employees from criticizing ...read more

The Consumer Financial Protection Bureau said Friday it has proposed several updates to its mortgage disclosure rule, to clarify certain parts of the rule and to aid with compliance, including by resolving issues related to housing co-ops, all while preserving ...read more

Although the U.S. Department of Veterans Affairs cited the flexibility to move as justification in all its 51 proposals for medical facility leases, the VA needs to be more transparent about how it has benefited from this flexibility, according to the ...read more

Two Massachusetts companies found liable by an English arbitrator for shoddy construction work on a University of Notre Dame dormitory in London can appeal a federal judge's ambiguous order confirming the award, the First Circuit ruled Friday. ...read more

A New York federal judge Thursday dismissed a letter accusing the defendant in a defamation suit between two former United Realty partners of threatening a witness by saying he hoped he had “good insurance,” ruling that a deposition would ...read more

A Bryan Cave LLP attorney representing Bank of America in a wrongful foreclosure suit should be sanctioned for instructing her witness not to answer deposition questions before walking out and leaving a transcript that’s “99 pages of obstruction ...read more

Real estate associates play crucial roles in transactions, and although a lack of experience can cause junior associates to say things that might derail a deal, lawyers say keeping a few key tips in mind can go a long way in knowing what's fair game ...read more

High-profile airport terminal redevelopments in New York, California and Colorado show that using public-private partnerships to finance such upgrades is increasingly popular, and experts anticipate seeing more P3 projects at air travel hubs. Here are ...read more

A D.C. Circuit panel on Friday ruled that the U.S. Department of the Interior acted properly when it set aside 152 acres in Washington state for a newly recognized tribe, affirming a lower court ruling in favor of the DOI in the underlying dispute involving ...read more

A former New Jersey mayor was sentenced to four years of probation Friday for failing to disclose his financial relationship with a farmland developer whose project he helped advance through his capacity as a public official, Acting Attorney General Christopher ...read more

A commercial real estate and multifamily investor closed on $119 million in financing for a portfolio of more than 2,400 multifamily units in the Dallas and Houston metropolitan areas on Thursday, according to Hunt Mortgage Group, which arranged the loans ...read more